Bahraini Bank ABC finalises acquisition of Blom Bank’s unit in Egypt
The Arab Banking Corporation (Bank ABC) has announced on Wednesday its compilation of the legal merger of its two…
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Blom Bank Egypt
Shareholders of Blom Bank Egypt agree to sell to Bahrain’s Bank ABC
Shareholders representing about 99.5 percent of the shares of Blom Bank Egypt have accepted the mandatory tender…
Bahrain’s Bank ABC submits offer to acquire 100% of BLOM Bank Egypt
Bahrain’s Arab Banking Corporation (Bank ABC) announced on Sunday it had submitted a mandatory tender offer (MTO)…
Bank ABC may get only majority stake in Blom Bank’s Egyptian unit
Bahrain-based the Arab Banking Corporation (Bank ABC) could be buying only a majority stake in Blom Bank’s Egyptian…
First Abu Dhabi Bank to finish due diligence on Bank Audi’s Egyptian unit before year-end
First Abu Dhabi Bank (FAB) plans to complete due diligence and submit a binding offer to acquire Bank Audi’s…
Bahrain’s ABC may sign definitive deal to buy Blom’s Egypt business soon
Bahrain’s Arab Banking Corporation (Bank ABC) are set to sign a definitive purchase agreement soon to buy Blom…
Blom Bank negotiating with Bahrain’s Arab Banking Corp to sell Egyptian unit
Lebanon’s Blom Bank has entered exclusive negotiations with Bahrain’s Arab Banking Corporation (Bank ABC) to…
Bank ABC will complete due diligence on Blom Bank Egypt by mid-Nov.
Bahrain’s Arab Banking Corporation (Bank ABC) will be completing due diligence on Blom Bank Egypt in mid-November,…
Sale of Blom Bank Egypt could be completed in November
Lebanese Blom Bank’s sale of its Egypt arm could be completed in November, with offers from Emirates NBD and…
Race to acquire Blom Bank Egypt could be nearing its final stages
Two of the banks competing for Blom Bank’s Egypt arm are reaching the end of the due diligence process and may…